Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 680.73

-0.2%

Dec 15 4:00 PM EST

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To: Dr. Stoxx who wrote ()	6/23/1998 2:47:00 PM
From: Dr. Stoxx	of 39683

I forgot to mention: ALWAYS use a trailing stop at the 40-day moving average to cut your losses! And, these are usually short term trades (1-4 weeks). Once a price target is hit, the stock must be watched very closely. Profits are to be banked often, and losses kept to a minimum. TC.

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